According to The Verge, the group was studying music networks while MySpace
was still active and as part of their research, it downloaded 1.3 terabytes of music from the service.
According to security researcher Leigh-Anne Galloway, the MySpace
account recovery page included an apparent flaw that would allow any person to gain access to an account if they knew the account holder's birthday.
failed to keep pace with the rest of the internet.
The deal marks a heavy loss for the US media giant, which paid USD580m for MySpace
co-founder Chris DeWolfe, together with Austin Ventures, Criterion Capital Partners and Bobby Kotick, CEO of mobile game publisher Activision Blizzard (NASDAQ:ATVI), are also said to be among the potential buyers.
CNBC business television reported on Monday that News Corp is on course to sell MySpace
by mid-2011, citing sources.
"This marks the beginning of an exciting turning point for Myspace
," chief executive Mike Jones said in a statement.
The two organisations said that the move will enable MySpace
to use FAN's team and its technology platform to allow advertisers to serve the right ad to the right person and to apply that to content across MySpace
to provide a more relevant experience to its users.
facebook may have welcomed its 500 millionth member last week, but MySpace
, which News Corp.
The authors illustrate how to write them specifically for MySpace
. Their instructions cover installing and using the MySpace
Developer Platform, sending app invitations and notifications, building mashups that communicate with third-party Web services, marketing apps and creating a user base, building apps that display ads and accept micropayments, securing MySpace
and OpenSocial apps and ensuring user privacy.
With nearly 750 "friends," the Mindspace site, which is hosted on MySpace
, offers fact sheets on health topics ranging from depression to suicide to stress.